WALL STREET JOURNAL: BUSH SR. IN BUSINESS WITH BIN LADEN FAMILY CONGLOMERATE THROUGH CARLYLE GROUP

Judicial Watch ^ | September 30, 2001 | staff

[liberallarry]

WALL STREET JOURNAL: BUSH SR. IN BUSINESS WITH BIN LADEN FAMILY CONGLOMERATE THROUGH CARLYLE GROUP

FAMILY HAD RENOUNCED TIES TO TERRORIST SON BUT FAMILY STILL UNDER FBI INVESTIGATION

FATHER OF PRESIDENT SHOULD PULL OUT OF INTERNATIONAL CONSULTING FIRM

(Washington, DC) Judicial Watch, the public interest law firm that investigates and prosecutes government corruption and abuse, reacted with disbelief to The Wall Street Journal report of yesterday that George H.W. Bush, the father of President Bush, works for the bin Laden family business in Saudi Arabia through the Carlyle Group, an international consulting firm. The senior Bush had met with the bin Laden family at least twice. (Other top Republicans are also associated with the Carlyle group, such as former Secretary of State James A. Baker.) The terrorist leader Osama bin Laden had supposedly been “disowned” by his family, which runs a multi-billion dollar business in Saudi Arabia and is a major investor in the senior Bush’s firm. Other reports have questioned, though, whether members of his Saudi family have truly cut off Osama bin Laden. Indeed, the Journal also reported yesterday that the FBI has subpoenaed the bin Laden family business’s bank records.

Judicial Watch earlier this year had strongly criticized President Bush’s father’s association with the Carlyle Group, pointing out in a March 5 statement that it was a “conflict of interest (which) could cause problems for America’s foreign policy in Middle East and Asia.” Judicial Watch called for the senior Bush to resign from the firm then.

“This conflict of interest has now turned into a scandal. The idea of the President’s father, an ex-president himself, doing business with a company under investigation by the FBI in the terror attacks of September 11 is horrible. President Bush should not ask, but demand, that his father pull out of the Carlyle Group,” stated Judicial Watch Chairman and General Counsel Larry Klayman.

“This has the potential of making ‘Billygate’ (Jimmy Carter’s brother’s dealings with Libya) look like small potatoes,” added Judicial Watch President Tom Fitton.

See "Bin Laden Family Could Profit From a Jump In Defense Spending Due to Ties to U.S. Bank," by Daniel Golden, James Bandler, and Marcus Walker, The Wall Street Journal, 9/28/01 (www.wsj.com, subscription required).

[Howlin]

What a silly answer. You ARE the one who stated:

He's racked up 60 recent victories, most of them against the Clinkton Administration.

Back it up.

[Howlin]

But Howlin took the article right from a clear reference to Sr. Bush and started getting it into a perceived indictment of criminality of jr. Bush.

Where exactly did I do that?

[JulieRNR21]

Larry Clymer will not get another penny from me!

[anniegetyourgun]

Can't you see - it's a massive government conspiracy, or have they gotten to you too? (!!!)

[Iwo Jima]

"He's racked up 60 recent victories."

Oh, what utter, frigging B.S. I'LL BET YOU CAN'T NAME TWO! What is your source for such an outlandish assertion? Larry Klayman? He's a con artist, a flim-flam man of the first degree!

What is your definition of "recent" ? What "victories" has Judicial Watch racked up in the last three years? NOTHING!!!!!! Absolutely nothing!! If you think that Judicial Watch has even TEN significant lawsuits pending, please list them, because I would have reason to strenuously disagree.

Either explain yourself or admit that you are Klayman operative who knows nothing about anything he speaks of.

[Howlin]

I am busted...........LOL. (I was in Skull & Bones, you see!)

[anniegetyourgun]

I had a sense you were one of the one-worlder, CFR, tri-lateralist types. I can sniff your kind out anywhere. Why, I'd believe you were a Harvard frat boy in your previous life....

[Howlin]

I'll be watching to see if this is a valid accounting -- and can only hope it's not.

You can rest assured that if deport put it up, it's accurate. I don't think they have agreed to submit their latest ones.

[FranklinsTower]

I think Larry Klaman may need a remedial course in reading comprehension.

[liberallarry]

I just took a (quick) look at your post 45. I need help with this one too. (Otherwise I have to laboriously study it, something I can't do right now). Are you saying all these guys - Soros, Clinton, the Bushes, Eitan, etc. - are in bed together and all are "dirty"?

[deport]

I'm not worried about the wealthy and their foundations. They will survive, imo.

The info was taken from the link I provided with the info......

If you want to check further you can request from JW their Form 990s for the past 3 years. By law they have to submit the data to you.

IRS Issues New Form 990 Disclosure Regulations

[rdavis84]

"Are you saying all these guys - Soros, Clinton, the Bushes, Eitan, etc. - are in bed together and all are "dirty"?"

Yes. But "dirty" is a subjective term when it comes to self-enrichment.

These are the types, at a level most don't quite comprehend, that can "affect" world events to an extent that provides huge money making oportunities to the groups, consortiums, or as I tend to put it frequently, Mobs. I don't mean mafia mobs, even though they are surely keyed into much of it, by virtue of tremendous amounts of cash that needs "cleaning up". How's that for 'dirty'? :-)

[Nick Danger]

Very unsophistocated and childish... the usual dumb responses

The Carlyle Group has more than 450 institutional investors, mainly large pension funds and banks. One of the 450 is the Saudi bin Laden Group. Another is the California State pension fund. The Saudi bin Laden Group holds a $2 million stake in Carlyle. The California Pension Fund invested $302 million. When Larry Klayman claims that former President Bush is "working for the bin Laden family business," Larry is just being his usual hyperbolic dishonest self.

[Iwo Jima]

"lelio - member since September 24th, 2001"

Welcome to Free Republic.

Hello, can lelio come out and play? We all want to know where he got the hysterical notion that Judicial Watch had 60 recent victories. Or even 60 victories ever!

We all like a good laugh. Ha, ha, ha, ha, ha, ha!